Embark on today's financial journey with me, Ron Siegel, as we navigate through the ebbs and flows of the mortgage market:
• Today's mortgage rates are showing a slight improvement. Watch out for changes, as our economy's strength may cause rates to climb in the coming weeks.
• The Fed's recent actions and the non-committal stance of Fed Chair, Jerome Powell, led to a minor enhancement in rates.
• For loans closing soon or in the near future, cautiously floating is advised. Be proactive and lock in rates if favorable pricing presents itself.
To delve deeper into these points and understand the broader picture, I invite you to visit the full report. Knowledge is power, let's empower you with the right information for your mortgage decisions.
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